Business Secretary Lord Mandelson is outlining a package of government support for the UK car industry in a statement to the House of Lords.
Car makers' sales have slumped as consumer credit has dried up.
Lord Mandelson's package includes a scheme to guarantee loans for car manufacturers and major suppliers.
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State support would be directed towards investment in low-carbon technologies, which could prevent them falling foul of an EU ban on state support for some industries, he said.
http://news.bbc.co.uk/1/hi/uk_politics/7853149.stmNice backdoor trick that Mandys used - see last para. No further comment :rofl:
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